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April 09, 2007 – Comments (1)

Investing thoughts about investing thoughts about Stamps.com.

Wax 

 

1 Comments – Post Your Own

#1) On April 20, 2007 at 12:51 PM, drnerdo2k2 (26.01) wrote:

Hey Wax.  Had to laugh when I saw Stamps.com down 16% today on a guidance-driven downgrade and remembered this post.  Plugging the new guidance from the company into his formula gives a market value of $18.40.  He still has it listed on his site, will be interesting to see if he tapdances or if it just vanishes.  The Stamps.com ad Google posted on your site was a nice touch.  Hope you got some puts, or at least shorted it.  Nice call.

Doc

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